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You are here: Home / News / Bitcoin News / A mysterious crypto whale expects Bitcoin to hit 50k USD
Bitcoin

A mysterious crypto whale expects Bitcoin to hit 50k USD

May 9, 2019 by Naveed Iqbal

Satoshi Nakamoto is not the only mysterious character there is in the Bitcoin environment. There is this investor who is known only by his wallet addresses. He’s considered to be one of the whales in the BTC environment. His wallets are thought to include 7000 Bitcoin tokens (roughly worth USD 40 million) he keeps in his digital wallet for the most part.

He talked to some expert CCN market analysts and shared his thoughts on Bitcoin’s future. In his view, the asset is on its way to leave the 50,000.000 mark behind.

The investor in question saw the writing on the wall very quickly which allowed him to get in the Bitcoin game very early on. Since then, he’s kept choosing suitable investments thus becoming well-off.

“I actively invested in Bitcoin back in those years when only in small circles knew about it. Before investing, I conducted a personal analysis of Bitcoin technology. I saw a great prospect for society in him and the financial system as a whole, which had already begun to change. We are still in the beginning, and I see a huge potential in the cryptocurrency market and the blockchain technology.”

While Mr. Whale is quite optimistic about the future of the crypto verse, he’s clear in that there will be casualties as a result of 2018 “not everybody will survive the crypto winter.” The statement implies that the crypto winter could still be ongoing, despite the great month we’ve had lately.

USD 50,000.00 price to come

Monetary and macroeconomic predictions are notoriously hard to get right. So while we should always pay attention to any forecast authored by good analysts, we should never assume they’re absolutely right. That being said, if we’re going to listen to anybody at all, then paying attention to an investor who’s been right all along (and made a buck in the process) is probably an excellent idea.

“I think we will see $50,000 Bitcoin in the next three to five years.”

The Whale is skeptic about the new crypto summer, and he considers that we could still be in the crypto winter’s final stages. But summer is coming, and it could arrive soon.

“I believe that we are either already seeing a bull market return. If not, we’ll see it in the coming months. One key indicator is the increase in exchange and OTC trading. Bitcoin consolidation above the 200-day moving average and the approximation of halving are also bullish.”

Playing the crypto game anonymously

The BTC early adopter also invested in the Binance token quickly after it was launched. He said he was looking at Roobee, an investment service based on AI. His reason to do that was clear and straightforward. Another anonymous investor, who had made more than USD 200 million trading on Ethereum had done precisely that previously.

He put more than 200 BTC tokens on Roobiee with a message that said “In Roobee I trust” without letting anybody know his real identity.

Privacy is one of those things in the crypto verse that some people highly price and some people profoundly fear. Depending on your expertise and your choice of assets you can trade in digital assets without ever revealing anything about your personal data. While this is good news for users, lots of people can’t help but think about criminal activities when secrecy is so perfect as it can be in the crypto verse.

But investing with anonymity is indeed one of crypto’s use cases. Anonymity is not just about keeping a low profile but also about being secure, which is vital as more attackers keep trying to steal digital assets from users.

Most of the crypto verse works on retail investors for sure. But that doesn’t mean it hurts to have the attention of a few richer-than-god individuals.

Disclaimer: The presented information is subjected to market condition and may include the very own opinion of the author. Please do your ‘very own’ market research before making any investment in cryptocurrencies. Neither the writer nor the publication (TronWeekly.com) holds any responsibility for your financial loss.

Filed Under: Bitcoin News Tagged With: Crypto, Crypto Market, Crypto Predictions 2019

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